American-Turkish Association Incorporated

Analysis

American-Turkish Association Incorporated is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American-Turkish Association Incorporated reported income of $111k and spending of $62k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $111k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American-Turkish Association Incorporated sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Sturgis Historical Society ($111k), Tear Cap Workshops ($111k) and Odyssey Chamber Music Series Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 5.3% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.